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Managing Director of 88 Energy, Dave Wall, stated: "Despite the surprise in relation to the phase of
hydrocarbons discovered in the Torok Formation at this location, the Charlie-1 well has yielded
encouraging results, particularly in the Seabee. The Seabee targets are extensive and have had
excellent oil shows, including live oil observed at the surface in both Charlie-1 and Malguk-1. The
significance of these observations in Charlie-1 will be confirmed by lab results in the near term
http://clients3.weblink.com.au/pdf/88E/02226113.pdf
Or I missed it ?
I think that movement down is done now. .25 and .26 was tested. And it's recoverring but very slowly. Should spike to .30 tomorrow from the point I see it. Of course PMO left 88E but this is good for 88E and can do the best now showing PMO their mistake. I am quite positive and I have bought more today to lower my average. From tomorrow we have to see more buys then sales because today wasn't good. Not sure why people are not buying when you can see this is the bottom and the only way is UP. (i hope it does make sense what I wrote). :) Happy tomorrow :) You will see it will go up.
And here we are - 0.334 -0.001 -0.39%
And we should see green by the end of today (I hope).
I read your post #Reaper007 and I can say it is quite positive.
Just wondering why SP is still 0,334p instead 0,35+ already.
But I am patient. There is no way I will close positions - I WILL FIGHT !! Hope all here will do the same !
It's not too high. You will see soon. everything below 0.5p is worth it. It will go up sooner or later.
Crude Oil 26,6 now and Brent 33,84 going up.
News will be on Thurs. as Russians/Saudi and US have a meeting to set a deal and this will spike.
Only shareholders with strong minds will survive this now. I am positive and I am telling you DON't PANIC sale ! Stay in, lower ave. and you will be fine. Now is the only chance to lower it by buying some stock now.
I like it what you said. That's true. All shares which have been sold, are drugging company SP down. I don't understand that logic. People lost money already in the morning so what is the point of selling it now for 1/3p ? does not make any sense. Stay and top up to lower you average and that's it. this will recover.
Everything what is going down will go up. Stay and don't sell. All of us lost a bit here but Till you hold share you haven't loose. Give it like 2-3 weeks and you will see. Instead of selling I would say Buy now for a good profit and lower your avr.
mrJimV / I was very positive in my posts before and I was 100% sure this will reach 15-20p soon, BUT from the look of that (all that Rus/Saudi/US oil war it does not look good for Oil price. It went up a bit but still ... this is marathon not sprint. We should be happy that SP went to 17p that we could get some profit and all this people who are on Avr. 40p+ when bought now in 10's again should be very happy for that 7p rise within a few days.
In the next few weeks we probably see dump to 10p again and this will be the last time for everyone to invest and have nice profit from TLW, as I am pretty sure about dump to 10p and slow rise to 20-40's later this or next month.
Next week will be hard to predict but all will be clear for everyone soon.
I am already out so I don't really care what you guys will be doing.
I am just telling you to get your profits if you still can and invest more when this go down again. I would be very surprised if this will go to 30's in the present market. Then you can point and tell me I was wrong. And I will be very upset of selling my shares, but I don't think this will happen. Will see.